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SEC`s acting chair scales back enforcement unit`s subpoena powers

Michael Piwowar, Commissioner of the U.S. Secuirites and Exchange Commission, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson Acting U.S. Securities and Exchange Commission Chairman Micha... More »

Madoff victims to recoup $32.1 million in Cohmad settlement

Victims of Bernard Madoff’s Ponzi scheme will receive another $32.1 million under a new settlement over the swindler’s ties to Cohmad Securities Corp, whose clients invested more than $1 billion with him. More »

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